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OCC to Rigorously Review World Liberty Financial's Trust Bank License ApplicationThe U.S. Office of the Comptroller of the Currency (OCC) has confirmed that the application for a national trust bank license by World Liberty Financial (WLF) will undergo strict scrutiny under current regulatory standards. According to Odaily, this decision comes in response to Senator Elizabeth Warren's previous request to halt the review process. Warren has raised concerns about the project potentially generating billions in 'paper wealth' for U.S. President Donald Trump and his family. OCC regulatory official Jonathan Gould emphasized that WLF's application will be subject to the same rigorous evaluation as any other application.

OCC to Rigorously Review World Liberty Financial's Trust Bank License Application

The U.S. Office of the Comptroller of the Currency (OCC) has confirmed that the application for a national trust bank license by World Liberty Financial (WLF) will undergo strict scrutiny under current regulatory standards. According to Odaily, this decision comes in response to Senator Elizabeth Warren's previous request to halt the review process. Warren has raised concerns about the project potentially generating billions in 'paper wealth' for U.S. President Donald Trump and his family. OCC regulatory official Jonathan Gould emphasized that WLF's application will be subject to the same rigorous evaluation as any other application.
Brazil's Central Bank Issues Guidelines for Crypto BusinessesBrazil's Central Bank has released new regulations for banks and brokerage firms seeking to engage in cryptocurrency activities. According to PANews, these institutions are required to hire a qualified independent company to verify their compliance with the monetary authority's regulations for virtual asset service providers (PSAV). The certifying entity must clearly demonstrate that there is no conflict of interest with the audited party.

Brazil's Central Bank Issues Guidelines for Crypto Businesses

Brazil's Central Bank has released new regulations for banks and brokerage firms seeking to engage in cryptocurrency activities. According to PANews, these institutions are required to hire a qualified independent company to verify their compliance with the monetary authority's regulations for virtual asset service providers (PSAV). The certifying entity must clearly demonstrate that there is no conflict of interest with the audited party.
U.S. Senate Bill Proposes CFTC Oversight of Spot Crypto MarketsU.S. Senate Agriculture Committee Chair John Boozman has introduced legislation aimed at granting the Commodity Futures Trading Commission (CFTC) authority and funding to regulate spot cryptocurrency markets through brokers, dealers, exchanges, and custodians. According to NS3.AI, the bill proposes the establishment of an Office of the Digital Commodity Retail Advocate to handle retail user complaints, including withdrawal delays and platform outages, with the goal of enforcing regulatory feedback loops. Additionally, the bill seeks to clarify definitions related to decentralized finance (DeFi) protocols to determine the extent of regulatory oversight. It authorizes a $150 million appropriation to support initial regulatory efforts prior to the commencement of fee collections.

U.S. Senate Bill Proposes CFTC Oversight of Spot Crypto Markets

U.S. Senate Agriculture Committee Chair John Boozman has introduced legislation aimed at granting the Commodity Futures Trading Commission (CFTC) authority and funding to regulate spot cryptocurrency markets through brokers, dealers, exchanges, and custodians. According to NS3.AI, the bill proposes the establishment of an Office of the Digital Commodity Retail Advocate to handle retail user complaints, including withdrawal delays and platform outages, with the goal of enforcing regulatory feedback loops. Additionally, the bill seeks to clarify definitions related to decentralized finance (DeFi) protocols to determine the extent of regulatory oversight. It authorizes a $150 million appropriation to support initial regulatory efforts prior to the commencement of fee collections.
Upcoming Senate Hearing to Address Key Cryptocurrency Market LegislationOn January 25, Galaxy Research Director Alex Thorn announced on the X platform that a crucial hearing in the legislative process for cryptocurrency market structure is scheduled for next week. According to BlockBeats, the Senate Agriculture Committee's Republicans have released a draft of the Digital Commodity Exchange Act. This draft is expected to be merged with related legislation from the Senate Banking Committee to form a comprehensive Cryptocurrency Market Structure Act. The Senate Agriculture Committee, responsible for overseeing the U.S. Commodity Futures Trading Commission (CFTC), focuses the draft on the digital commodity market, primarily granting the CFTC exclusive regulatory authority over the spot crypto market, including trading platforms, dealers, and brokers. The committee plans to hold a hearing on January 27 (Tuesday) to amend the bill, where bipartisan lawmakers may propose amendments. Although the commodity aspect of the crypto market structure discussion, including the CFTC's regulatory authority over the spot market, is generally considered less contentious than the securities aspect, the draft still carries a noticeable partisan tone. It has yet to receive endorsement from key Democratic negotiators, despite incorporating several provisions previously agreed upon with Democrats. Overall, the legislative text from the Senate Agriculture Committee aligns with market expectations, centering on establishing a regulatory framework for the digital commodity spot market with the CFTC at its core. Compared to related topics under discussion by the Senate Banking Committee, this version has a narrower scope and is relatively less politically sensitive and controversial.

Upcoming Senate Hearing to Address Key Cryptocurrency Market Legislation

On January 25, Galaxy Research Director Alex Thorn announced on the X platform that a crucial hearing in the legislative process for cryptocurrency market structure is scheduled for next week. According to BlockBeats, the Senate Agriculture Committee's Republicans have released a draft of the Digital Commodity Exchange Act. This draft is expected to be merged with related legislation from the Senate Banking Committee to form a comprehensive Cryptocurrency Market Structure Act. The Senate Agriculture Committee, responsible for overseeing the U.S. Commodity Futures Trading Commission (CFTC), focuses the draft on the digital commodity market, primarily granting the CFTC exclusive regulatory authority over the spot crypto market, including trading platforms, dealers, and brokers.

The committee plans to hold a hearing on January 27 (Tuesday) to amend the bill, where bipartisan lawmakers may propose amendments. Although the commodity aspect of the crypto market structure discussion, including the CFTC's regulatory authority over the spot market, is generally considered less contentious than the securities aspect, the draft still carries a noticeable partisan tone. It has yet to receive endorsement from key Democratic negotiators, despite incorporating several provisions previously agreed upon with Democrats.

Overall, the legislative text from the Senate Agriculture Committee aligns with market expectations, centering on establishing a regulatory framework for the digital commodity spot market with the CFTC at its core. Compared to related topics under discussion by the Senate Banking Committee, this version has a narrower scope and is relatively less politically sensitive and controversial.
Ukraine Blocks Polymarket and Gambling Sites Amid Legal Void for Web3 Prediction MarketsUkraine has recently blocked Polymarket and nearly 200 gambling-related websites. According to Foresight News, Dmitry Nikolaievskyi, Chief Legal Officer of the Digital Economy Development Project Office at Ukraine's Ministry of Digital Transformation, stated in an interview with CoinDesk that under current Ukrainian law, Web3 prediction markets lack a legal framework for operation. While the decision to shut down Polymarket followed existing legal procedures, the fundamental issue is the country's legal system does not recognize prediction markets.Previously, the National Commission for State Regulation of Electronic Communications (NKEK) issued a directive for internet service providers to block access to prediction markets. This order was made following recommendations from Ukraine's national gambling regulator, PlayCity, which highlighted that Polymarket operates without a gambling license and its market includes bets related to the Russia-Ukraine war.

Ukraine Blocks Polymarket and Gambling Sites Amid Legal Void for Web3 Prediction Markets

Ukraine has recently blocked Polymarket and nearly 200 gambling-related websites. According to Foresight News, Dmitry Nikolaievskyi, Chief Legal Officer of the Digital Economy Development Project Office at Ukraine's Ministry of Digital Transformation, stated in an interview with CoinDesk that under current Ukrainian law, Web3 prediction markets lack a legal framework for operation. While the decision to shut down Polymarket followed existing legal procedures, the fundamental issue is the country's legal system does not recognize prediction markets.Previously, the National Commission for State Regulation of Electronic Communications (NKEK) issued a directive for internet service providers to block access to prediction markets. This order was made following recommendations from Ukraine's national gambling regulator, PlayCity, which highlighted that Polymarket operates without a gambling license and its market includes bets related to the Russia-Ukraine war.
Crypto News: Democrats Push Ethics Amendments to Crypto Market Structure Bill Ahead of Senate VoteUS Democratic senators have filed a new round of ethics-focused amendments to the crypto market structure bill, intensifying efforts to prevent public officials from profiting from digital asset interests as Congress debates long-awaited crypto regulation.The amendments were submitted Friday ahead of the Senate Agriculture Committee’s scheduled markup on Tuesday, where lawmakers are expected to review proposed legislation aimed at clarifying federal oversight of cryptocurrencies, defining regulatory jurisdiction, and establishing clearer rules for market participants.Democrats target conflicts of interest in cryptoAmong the most notable proposals is an amendment from Senator Michael Bennet, which would incorporate the Digital Asset Ethics Act into the broader market structure bill. The measure seeks to restrict US government officials from benefiting financially from crypto-related ventures while in office.The move reflects growing Democratic concerns over alleged conflicts of interest involving President Donald Trump, particularly his reported ties to the World Liberty Financial crypto platform — an involvement critics say has significantly boosted his personal net worth.Senator Elizabeth Warren and other Democrats have repeatedly called for stricter safeguards to ensure that crypto legislation does not enable self-dealing by elected officials or senior policymakers.Proposal would delay bill until CFTC seats are filledAnother amendment, introduced by Senator Amy Klobuchar, would delay the law’s implementation until the Commodity Futures Trading Commission (CFTC) is fully staffed.The CFTC is currently operating with only its chair, Michael Selig, who was sworn in on Dec. 22. The remaining four commissioner seats remain vacant, with no confirmed timeline for appointments.Supporters of the amendment argue that enforcing sweeping crypto oversight without a full commission could weaken regulatory effectiveness and enforcement consistency.Additional amendments expand scope beyond cryptoOther Democratic senators — Roger Marshall, Dick Durbin, and Peter Welch — filed amendments seeking to attach the Credit Card Competition Act to the bill. The proposal would prohibit payment networks and certain issuing banks from enforcing exclusive network arrangements on credit cards.The additions underscore how the crypto market structure debate has increasingly become a broader battleground over financial regulation, competition policy, and consumer protections.Senate markup faces uncertaintyTuesday’s markup was already delayed once, after disputes emerged over stablecoin reward restrictions and decentralized finance provisions — disagreements that prompted Coinbase to withdraw its support for the bill earlier this month.Lawmakers now face renewed uncertainty, as a major snowstorm is forecast to hit Washington, DC, potentially forcing another postponement.Despite the delays, the legislation remains one of the most closely watched crypto bills in Congress, with industry participants viewing it as a critical step toward long-term regulatory clarity in the United States.

Crypto News: Democrats Push Ethics Amendments to Crypto Market Structure Bill Ahead of Senate Vote

US Democratic senators have filed a new round of ethics-focused amendments to the crypto market structure bill, intensifying efforts to prevent public officials from profiting from digital asset interests as Congress debates long-awaited crypto regulation.The amendments were submitted Friday ahead of the Senate Agriculture Committee’s scheduled markup on Tuesday, where lawmakers are expected to review proposed legislation aimed at clarifying federal oversight of cryptocurrencies, defining regulatory jurisdiction, and establishing clearer rules for market participants.Democrats target conflicts of interest in cryptoAmong the most notable proposals is an amendment from Senator Michael Bennet, which would incorporate the Digital Asset Ethics Act into the broader market structure bill. The measure seeks to restrict US government officials from benefiting financially from crypto-related ventures while in office.The move reflects growing Democratic concerns over alleged conflicts of interest involving President Donald Trump, particularly his reported ties to the World Liberty Financial crypto platform — an involvement critics say has significantly boosted his personal net worth.Senator Elizabeth Warren and other Democrats have repeatedly called for stricter safeguards to ensure that crypto legislation does not enable self-dealing by elected officials or senior policymakers.Proposal would delay bill until CFTC seats are filledAnother amendment, introduced by Senator Amy Klobuchar, would delay the law’s implementation until the Commodity Futures Trading Commission (CFTC) is fully staffed.The CFTC is currently operating with only its chair, Michael Selig, who was sworn in on Dec. 22. The remaining four commissioner seats remain vacant, with no confirmed timeline for appointments.Supporters of the amendment argue that enforcing sweeping crypto oversight without a full commission could weaken regulatory effectiveness and enforcement consistency.Additional amendments expand scope beyond cryptoOther Democratic senators — Roger Marshall, Dick Durbin, and Peter Welch — filed amendments seeking to attach the Credit Card Competition Act to the bill. The proposal would prohibit payment networks and certain issuing banks from enforcing exclusive network arrangements on credit cards.The additions underscore how the crypto market structure debate has increasingly become a broader battleground over financial regulation, competition policy, and consumer protections.Senate markup faces uncertaintyTuesday’s markup was already delayed once, after disputes emerged over stablecoin reward restrictions and decentralized finance provisions — disagreements that prompted Coinbase to withdraw its support for the bill earlier this month.Lawmakers now face renewed uncertainty, as a major snowstorm is forecast to hit Washington, DC, potentially forcing another postponement.Despite the delays, the legislation remains one of the most closely watched crypto bills in Congress, with industry participants viewing it as a critical step toward long-term regulatory clarity in the United States.
Debate Continues Over Senate's Clarity Act PassageQinbafrank posted on X. The ongoing discussions in the Senate regarding the Clarity Act have yet to reach a consensus. The Senate Banking Committee's version of the Clarity Act remains unresolved, while the Agriculture Committee's version has not achieved bipartisan agreement, with only Republican members pushing through a version. The latest developments indicate that the review scheduled for next Monday is uncertain. Concerns arise over whether the delay in passing the Clarity Act will also postpone the SEC's innovation exemption, initially planned for implementation in January.

Debate Continues Over Senate's Clarity Act Passage

Qinbafrank posted on X. The ongoing discussions in the Senate regarding the Clarity Act have yet to reach a consensus. The Senate Banking Committee's version of the Clarity Act remains unresolved, while the Agriculture Committee's version has not achieved bipartisan agreement, with only Republican members pushing through a version. The latest developments indicate that the review scheduled for next Monday is uncertain. Concerns arise over whether the delay in passing the Clarity Act will also postpone the SEC's innovation exemption, initially planned for implementation in January.
Cyber Hornet Files for S&P Crypto 10 ETFCyber Hornet has submitted an application for the S&P Crypto 10 ETF (CTX), potentially becoming the first spot-based ETF linked to the S&P Crypto Index. According to Odaily, the proposed ETF's holdings would include 69% Bitcoin, 14% Ethereum, 5% XRP, 4% BNB, 2% Solana, 1% TRON, 0.5% Cardano, 0.4% Bitcoin Cash, 0.3% Chainlink, and 0.2% Stellar.

Cyber Hornet Files for S&P Crypto 10 ETF

Cyber Hornet has submitted an application for the S&P Crypto 10 ETF (CTX), potentially becoming the first spot-based ETF linked to the S&P Crypto Index. According to Odaily, the proposed ETF's holdings would include 69% Bitcoin, 14% Ethereum, 5% XRP, 4% BNB, 2% Solana, 1% TRON, 0.5% Cardano, 0.4% Bitcoin Cash, 0.3% Chainlink, and 0.2% Stellar.
OCC to Proceed with World Liberty Financial's Bank Charter ApplicationThe U.S. Office of the Comptroller of the Currency (OCC) will continue to process the bank charter application for World Liberty Financial (WLFI). According to NS3.AI, this decision comes despite Senator Elizabeth Warren's request for a special investigation due to concerns over U.S. President Donald Trump's stake in the company. The OCC has dismissed Warren's request, stating it will adhere to its standard procedures in evaluating the charter application.

OCC to Proceed with World Liberty Financial's Bank Charter Application

The U.S. Office of the Comptroller of the Currency (OCC) will continue to process the bank charter application for World Liberty Financial (WLFI). According to NS3.AI, this decision comes despite Senator Elizabeth Warren's request for a special investigation due to concerns over U.S. President Donald Trump's stake in the company. The OCC has dismissed Warren's request, stating it will adhere to its standard procedures in evaluating the charter application.
UK's FCA Advances Crypto Regulation with Final Consumer Duty ConsultationThe UK's Financial Conduct Authority (FCA) is advancing its efforts to regulate the cryptocurrency sector by initiating its final consultation on consumer duty. According to NS3.AI, the FCA stresses the importance of crypto firms prioritizing fair outcomes for customers while also encouraging innovation. This initiative seeks to enhance consumer protection within the UK's crypto market without hindering technological progress.

UK's FCA Advances Crypto Regulation with Final Consumer Duty Consultation

The UK's Financial Conduct Authority (FCA) is advancing its efforts to regulate the cryptocurrency sector by initiating its final consultation on consumer duty. According to NS3.AI, the FCA stresses the importance of crypto firms prioritizing fair outcomes for customers while also encouraging innovation. This initiative seeks to enhance consumer protection within the UK's crypto market without hindering technological progress.
Crypto Markets Anticipate Stability Amid Geopolitical EasingThe easing of geopolitical tensions is anticipated to bring stability to the cryptocurrency markets over the weekend. According to NS3.AI, Tezos may experience volatility due to its forthcoming protocol upgrade. Meanwhile, Seeker has seen a notable rally but is at risk of a downturn following a correction. Canton is demonstrating bullish momentum and could potentially break out if it surpasses critical resistance levels.

Crypto Markets Anticipate Stability Amid Geopolitical Easing

The easing of geopolitical tensions is anticipated to bring stability to the cryptocurrency markets over the weekend. According to NS3.AI, Tezos may experience volatility due to its forthcoming protocol upgrade. Meanwhile, Seeker has seen a notable rally but is at risk of a downturn following a correction. Canton is demonstrating bullish momentum and could potentially break out if it surpasses critical resistance levels.
U.S. January PMI Data Shows Mixed ResultsThe preliminary data for the U.S. January S&P Global Services PMI stands at 52.5, slightly below the expected 52.8, and unchanged from the previous value of 52.5. According to Odaily, the S&P Global Manufacturing PMI for January is initially recorded at 51.9, just under the anticipated 52, but an increase from the prior 51.8. Meanwhile, the S&P Global Composite PMI for January is reported at 52.8, falling short of the forecasted 53, yet slightly higher than the previous 52.7.

U.S. January PMI Data Shows Mixed Results

The preliminary data for the U.S. January S&P Global Services PMI stands at 52.5, slightly below the expected 52.8, and unchanged from the previous value of 52.5. According to Odaily, the S&P Global Manufacturing PMI for January is initially recorded at 51.9, just under the anticipated 52, but an increase from the prior 51.8. Meanwhile, the S&P Global Composite PMI for January is reported at 52.8, falling short of the forecasted 53, yet slightly higher than the previous 52.7.
Ledger Plans Public Listing on NYSE with $4 Billion ValuationLedger, a prominent player in cryptocurrency security, is reportedly preparing for a public listing on the New York Stock Exchange. According to NS3.AI, the company is aiming for an estimated valuation of $4 billion. This strategic move underscores the increasing institutional interest in securing crypto assets.

Ledger Plans Public Listing on NYSE with $4 Billion Valuation

Ledger, a prominent player in cryptocurrency security, is reportedly preparing for a public listing on the New York Stock Exchange. According to NS3.AI, the company is aiming for an estimated valuation of $4 billion. This strategic move underscores the increasing institutional interest in securing crypto assets.
Cryptocurrency Prices Decline Amid Regulatory Easing in Trump's First Year BackDuring U.S. President Donald Trump's first year back in office, cryptocurrency prices experienced a broad decline. According to NS3.AI, despite regulatory easing and increased integration of cryptocurrencies into traditional finance, major cryptocurrencies like Bitcoin and Ethereum saw moderate decreases. In contrast, altcoins such as XRP, Solana, and Cardano suffered severe losses. Meanwhile, the Trump family expanded their ventures in the crypto sector, achieving significant profits despite the overall market downturn.

Cryptocurrency Prices Decline Amid Regulatory Easing in Trump's First Year Back

During U.S. President Donald Trump's first year back in office, cryptocurrency prices experienced a broad decline. According to NS3.AI, despite regulatory easing and increased integration of cryptocurrencies into traditional finance, major cryptocurrencies like Bitcoin and Ethereum saw moderate decreases. In contrast, altcoins such as XRP, Solana, and Cardano suffered severe losses. Meanwhile, the Trump family expanded their ventures in the crypto sector, achieving significant profits despite the overall market downturn.
SEC and CFTC to Host Joint Event on Crypto Coordination and U.S. Financial LeadershipThe U.S. Securities and Exchange Commission (SEC) has announced a collaborative event with the Commodity Futures Trading Commission (CFTC) scheduled for next week. According to Odaily, the event, titled 'Coordination in the Crypto Era and U.S. Financial Leadership,' will take place at the CFTC headquarters. It will be open to the public and streamed live on the official website.

SEC and CFTC to Host Joint Event on Crypto Coordination and U.S. Financial Leadership

The U.S. Securities and Exchange Commission (SEC) has announced a collaborative event with the Commodity Futures Trading Commission (CFTC) scheduled for next week. According to Odaily, the event, titled 'Coordination in the Crypto Era and U.S. Financial Leadership,' will take place at the CFTC headquarters. It will be open to the public and streamed live on the official website.
Global Cryptocurrency Regulations Predicted to Take Effect in 2026PwC anticipates that comprehensive global cryptocurrency regulations will be implemented by 2026. According to NS3.AI, these regulations are poised to have a substantial impact on stablecoins, compliance protocols, and the competitive dynamics among jurisdictions striving to become the industry's most trusted hubs. The anticipated regulatory changes are expected to transform the cryptocurrency landscape globally.

Global Cryptocurrency Regulations Predicted to Take Effect in 2026

PwC anticipates that comprehensive global cryptocurrency regulations will be implemented by 2026. According to NS3.AI, these regulations are poised to have a substantial impact on stablecoins, compliance protocols, and the competitive dynamics among jurisdictions striving to become the industry's most trusted hubs. The anticipated regulatory changes are expected to transform the cryptocurrency landscape globally.
Thailand SEC to Launch Cryptocurrency ETFs and Futures TradingThailand's Securities and Exchange Commission (SEC) is preparing to implement new regulations that will allow cryptocurrency exchange-traded funds (ETFs) and futures trading on the Thailand Futures Exchange. According to NS3.AI, the guidelines for establishing crypto ETFs are anticipated to be unveiled early this year, coinciding with the introduction of a market-making system. Furthermore, the SEC plans to officially acknowledge cryptocurrencies as a formal asset class under the Derivatives Act.

Thailand SEC to Launch Cryptocurrency ETFs and Futures Trading

Thailand's Securities and Exchange Commission (SEC) is preparing to implement new regulations that will allow cryptocurrency exchange-traded funds (ETFs) and futures trading on the Thailand Futures Exchange. According to NS3.AI, the guidelines for establishing crypto ETFs are anticipated to be unveiled early this year, coinciding with the introduction of a market-making system. Furthermore, the SEC plans to officially acknowledge cryptocurrencies as a formal asset class under the Derivatives Act.
U.S. Congress Works on Cryptocurrency Regulation, Trump Hopes to Sign Bill SoonU.S. President Donald Trump has announced that the U.S. Congress is actively working on regulatory frameworks for the cryptocurrency market. According to Odaily, Trump expressed his hope to sign a cryptocurrency bill in the near future.

U.S. Congress Works on Cryptocurrency Regulation, Trump Hopes to Sign Bill Soon

U.S. President Donald Trump has announced that the U.S. Congress is actively working on regulatory frameworks for the cryptocurrency market. According to Odaily, Trump expressed his hope to sign a cryptocurrency bill in the near future.
ECB’s Panetta Says U.S. Digital Finance Push Aims to Strengthen Dollar DemandEuropean Central Bank Governing Council member Fabio Panetta commented on the United States’ recent digital finance initiatives, saying they reflect Washington’s broader effort to reinforce global demand for the U.S. dollar, according to ChainCatcher.Panetta noted that developments in digital finance are not purely technological, but carry strategic monetary implications, particularly as major economies compete to shape the future of global payments and financial infrastructure. 

ECB’s Panetta Says U.S. Digital Finance Push Aims to Strengthen Dollar Demand

European Central Bank Governing Council member Fabio Panetta commented on the United States’ recent digital finance initiatives, saying they reflect Washington’s broader effort to reinforce global demand for the U.S. dollar, according to ChainCatcher.Panetta noted that developments in digital finance are not purely technological, but carry strategic monetary implications, particularly as major economies compete to shape the future of global payments and financial infrastructure. 
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